TRM Labs: AI Applications in Crypto Crime Grew by 40% Over the Past Year

According to The Block, TRM Labs' latest report shows that AI applications in cryptocurrency crime grew by 40% year-over-year over the past year, primarily driven by fraud activities. In the first half of 2026, digital asset hacking incidents reached 201, a new record high, with approximately 75% of the losses concentrated in just 4% of the incidents. North Korean-linked activities caused approximately $600 million in losses, accounting for 61% of the total losses in the first half of the year. TRM Labs noted that AI has not created new types of crime, but has significantly lowered the barrier to criminal activity and expanded the scale of attacks.